John Egbert

Food delivery company GrubHub Inc (NYSE: GRUB) agreed to sell itself to Europe's JUST EAT TAKEAW/ADR (OTC: TKAYY) Wednesday in an all-stock transaction for $75.15 per GrubHub share. The announcement follows reports that Uber Technologies Inc (NYSE: UBER) was looking to buy GrubHub for around $...

Twitter Inc (NYSE: TWTR) shares were down 5% on Friday after the company reported an earning beat in the first quarter but failed to reassure investors that its advertising business has stabilized in the current quarter. Twitter reported first-quarter earnings per share of 11 cents on $808 million...

Facebook Inc. (NASDAQ: FB) was a pleasant surprise to analysts with third quarter ad revenue growth up 31% year over year to beat Street estimates by nearly 2%, with operating income about 13% above the consensus forecast. Both daily and monthly active users of the platform continued to increase,...

Swedish music streaming company Spotify Technology SA (NYSE: SPOT) stock rebounded on Thursday after a Wednesday sell-off that followed a bigger-than-expected earnings loss and low subscription numbers. Sell-side analysts also weren’t tuning out Spotify’s long-term prospect,...

Snap Inc (NYSE: SNAP) reported a better-than-expected second-quarter earnings print, which prompted several analysts to lift their price targets on the stock but shied away from turning bullish. The Analysts Nomura Instinet's Mark Kelley maintains a Neutral rating on Snap with a price target...

The bullish case for Snap Inc (NYSE: SNAP) is based partly on a cautious second-quarter guidance and encouraging trends, according to Stifel. The Analyst Stifel's John Egbert upgraded Snap from Hold to Buy with a price target lifted from $13 to $17. The Thesis Snap's management guided its...

Twitter Inc (NYSE: TWTR) reported a top-and-bottom-line beat in the third quarter Thursday morning. A decline in monthly active users from a year ago seems like a one-time issue, Stifel's John Egbert said during a guest spot on CNBC's "Squawk Box."  What...

Trade Desk Inc (NASDAQ: TTD) reported after the close Thursday with non-GAAP EPS of 34 cents and 61-percent revenue growth to $85.7 million. The results beat consensus expectations that called for earnings of 10 cents per share on revenue of $73.23 million. Trade Desk issued upbeat Q2 revenue...

Spotify Technology SA (NYSE: SPOT) reported its first earnings as a public company Wednesday afternoon. Here what the Street is saying after the print.  The Analysts Morgan Stanley's Benjamin Swinburne maintains an Overweight on Spotify's stock with an...

Streaming music provider Spotify Technology SA (NYSE: SPOT) is scheduled to report its first-ever earnings as a public company after Wednesday's market close. The Analyst Stifel's John Egbert maintains a Buy rating on Spotify with an unchanged $180 price target. The Thesis Spotify...

Spotify Technology S.A. (NYSE: SPOT) stock traded on a public market for the first time Tuesday, and Stifel sees three reasons why investors should be buyers. The Analyst Stifel's John Egbert initiated coverage of Spotify's stock with a Buy rating and $180 price target. The Thesis...

GrubHub Inc (NYSE: GRUB) investors have been rewarded with a more than 200-percent return over the past year, and the stock's risk-reward profile is now balanced, according to Stifel.  The Analyst Stifel's John Egbert downgraded GrubHub's stock rating from Buy to Hold with a...

Netflix, Inc. (NASDAQ: NFLX) is up nearly 70-percent year-to-date, and some bulls think it’s getting a bit ahead of itself. The Rating Stifel Nicolaus analysts Scott Devitt and John Egbert downgraded Netflix to Hold, but raised their price target from $283 to $325. The Thesis Netflix...

Kylie Jenner isn't the only Snap Inc (NYSE: SNAP) user disappointed with the social media's revamped platform, according to data points compiled by Stifel. The Analyst Stifel's John Egbert maintains a Hold rating on Snap's stock with an unchanged $17 price target. The Thesis...

Pandora Media Inc (NYSE: P)'s earnings and outlook portrayed to investors a "sound" turnaround strategy, but it will take time before any signs of success are seen. Accordingly, Stifel's John Egbert downgraded Pandora's stock from Buy to Hold with a price target lowered from $...